---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-23-000205"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:26:56.786509+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed gets extra 180 days to meet Nasdaq $1 bid price rule; stock moving to Capital Market

## Summary
- Nasdaq granted second compliance period until May 28, 2024 to regain $1 minimum bid price.
- Common stock and warrants transfer to Nasdaq Capital Market on Nov 30, 2023; symbols BZFD and BZFDW unchanged.
- Company may effect a reverse stock split by May 13, 2024 if needed to meet the bid price requirement.
- Failure to comply by May 28 could lead to delisting; company can appeal any such determination.
- BuzzFeed had not regained compliance by initial Nov 27, 2023 deadline.

## SEC filing metadata
- accession: 0001828972-23-000205
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000205/0001828972-23-000205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000205/bzfd-20231128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-23-000205
- JSON: https://secwatch.observer/filing/0001828972-23-000205.json
- Plain text: https://secwatch.observer/filing/0001828972-23-000205.txt

## Key facts
- Listing & Compliance Notices
  BuzzFeed, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: May 31, 2023, the Company received a letter from the Listing Qualifications Department (the “ Staff ”) of the Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5550(a)(2) (the “ Bid Price Requirement ”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until November 27, 2023, to regain
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000205/0001828972-23-000205-index.htm
- Listing & Compliance Notices
  BuzzFeed, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: November 27, 2023, to regain compliance with the Bid Price Requirement. As of the date of this Current Report on Form 8-K, the Company’s common stock has not regained compliance with the Bid Price Requirement. However, upon receipt of both the Company’s application to transfer from the Nasdaq Global Market to the Nasdaq Capital Market and a written notification by the Company of its intent to regain compliance with the Bid Price Requirement, including by effecting a reverse stock split, if necessary, the Staff notified the Company in a letter dated November 28, 2023 (the “ Second Nasdaq Notice
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000205/0001828972-23-000205-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.